Challenges of Globalisation

Question 1

John Rugie

Answer 1

“The present state of affairs is not sustainable but developing countries need open global markets, it is the best hope of pulling billions out of poverty
-There will be a shift away from globalisation unless we find a way to strengthen the fabric of the global community
-by embracing CORPORATE SOCIAL REPSONSIBILITY

Question 2

Three globalisation objectives

Answer 2

2. Accountability
3. Address inequality
4. Deal with the imbalances in the system of global rule

Question 3

Businesses must…

Answer 3

embrace corporate social responsibility
recalibrate the respective rights and obligations of different social sectors and actors in order to meet social needs
See the UNS global compact